India: Credit rating agency ICRA has said that the demand for cement in India is likely to grow by around 6% in the current financial year, which ends on 31 March 2019. In its latest report on the sector, it said this would be due to a pick-up in the affordable and rural housing segment and infrastructure, primarily in road and irrigation projects.
ICRA forecasts 6% cement demand increase in India for 2018 - 2019
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